Origination
Member Units

SVS

MVS

PVS

Amount

Balance at December 31, 2020 and 2019

Note

17,083,501

-

$

37,097,376

Issuance of member units for cash

13

819,215

-

8,044,700

Issuance of member units exchanged for promissory notes

13

353,870

-

3,475,000

Issuance of member units for exploration and evaluation assets

13

356,415

-

3,499,995

Issuance of member units to contractors

13

923,954

-

9,073,228

Redemption of member units

12

(3,992,629

)

-

(8,680,786

)

Issuance of member units exchanged for promissory notes

13

234,216

-

2,300,000

Origination Unit split 1:3

2

31,557,084

-

Allocation of opening non-controlling interest

14

(16,168,422

)

-

(18,721,276

)

Shares issued for cash, net of issuance costs of $247,218

2

-

161,976.000

17,057.000

-

5,499,832

Exchange of units for SVS and MVS

2

(31,167,204

)

1,427,421.000

297,397.830

-

Proportiante Voting Shares issued for cash

2

-

15,947.292

128,213

Shares issued on reverse takeover

2

-

534,384.000

-

1,697,865

MVS converted to SVS

-

30,411,950.000

(304,119.500

)

Balance at December 31, 2021

-

32,535,731.000

10,335.330

15,947.292

$

43,414,147